If the global economy is to recover after the pandemic, the United States must reestablish mutually beneficial economic relations with China. But the new administration should be careful to resist unrestrained Chinese "soft power" influence on our education, research and creative industries.
U.S. oil refiners have had a great run this century. But market events in 2020 signal changes to come that will challenge the industry’s global competitiveness, writes fellow in energy and global oil Mark Finley.
The new administration should immediately abandon the “America Alone” policies of the Trump administration and work with our allies to address China’s rampant IP theft and forced technology transfer, overproduction of steel and aluminum, and unlawful subsidies.
When President-elect Joe Biden assumes office in January, he will be compelled to deal with the most important and ferociously complicated geopolitical question the United States faces today: how to manage its relations with China. Fellow Joe Barnes explains how the U.S.-China situation differs from the Cold War dynamic, and how the U.S. will best be served in the years ahead. Read more at the Baker Institute Blog.
A defense diplomacy shielded from the influence of nationalistic and partisan sentiments presents a valuable opportunity for the U.S. to advance regional security in the Indo-Pacific, and to forge a path to a more equitable and peaceful future with China, writes nonresident scholar Daniel Katz.
In a comprehensive update to their 2014 study on the future of American innovation, the Baker Institute and the American Academy of Arts and Sciences conclude that significant policy and funding actions are required to ensure the U.S. does not lose its preeminent position in discovery and innovation.
Prices of natural gas have fallen precipitously in recent months as the global COVID-19 pandemic deepened the already existing misalignment between growing supply and relatively sluggish demand. Post-COVID-19 recovery should increase the demand through 2022, but a soft market is expected to continue through 2025. These conditions could provide an unprecedented opportunity for natural gas buyers/importers.
Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.